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HKMA to support IFC finance projects across 100 countries, including in infrastructure

HKMA to support IFC finance projects across 100 countries, including in infrastructure

by SIF Comm Team | Sep 19, 2017 | MDBs & Infra News

The Hong Kong Monetary Authority (HKMA) signed an agreement with the International Finance Corporation (IFC), a member of the World Bank Group, in London, committing USD 1 billion to the innovative Managed Co-Lending Portfolio Program (MCPP) debt mobilisation platform...
NEPAD launches 5 per cent Agenda initiative: Bridging Africa’s USD 68 billion infrastructure finance gap

NEPAD launches 5 per cent Agenda initiative: Bridging Africa’s USD 68 billion infrastructure finance gap

by SIF Comm Team | Sep 19, 2017 | MDBs & Infra News

NEPAD Agency Continental Business Network gathered international investors and CEO-level business leaders at the New York Stock Exchange on the 18th September, for the launch of its 5 per cent Agenda initiative. The launch took place five years after a January 2012...
AsDB-Kazakhstan CPS: Reducing inequality by addressing infrastructure bottlenecks

AsDB-Kazakhstan CPS: Reducing inequality by addressing infrastructure bottlenecks

by SIF Comm Team | Sep 18, 2017 | MDBs & Infra News

The Asian Development Bank’s (AsDB) Board of Directors has endorsed a new country partnership strategy (CPS) for Kazakhstan, expected to deliver more than USD 3 billion in assistance through 2021 to help the country diversify its economy, achieve inclusive...
World Bank: MDBs increase 2016 financing to tackle climate challenge

World Bank: MDBs increase 2016 financing to tackle climate challenge

by SIF Comm Team | Sep 11, 2017 | MDBs & Infra News

The world’s six largest multilateral developments banks (MDBs) continued to make a strong contribution to the global climate challenge in 2016, increasing their climate financing in developing countries and emerging economies last year to USD 27.4 billion from USD 25...
AIIB: Up to USD 210 million in financing to support 11 solar power projects in Egypt

AIIB: Up to USD 210 million in financing to support 11 solar power projects in Egypt

by SIF Comm Team | Sep 5, 2017 | MDBs & Infra News

The Asian Infrastructure Investment Bank (AIIB) announced up to USD 210 million in debt financing to tap Egypt’s renewable energy potential. This solar power project will increase Egypt’s power generation capacity, reduce the country’s dependence on gas and fuel for...
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